Maersk Annual Report: an exceptionally strong year

2022 was an exceptionally strong year for Maersk. The unprecedented financial results were driven by solid performance across all businesses during the abnormal market conditions in the first part of last year. Revenue increased by 32% to USD 81.5bn, and EBIT increased 57% to USD 30.9bn.

As congestions eased and declining consumer demand led to a significant de-stocking in all segments, the expected normalization of the #Ocean market kicked in during the final stretch of the year.

Maersk has accelerated its business transformation, expanded the integrated logistics capabilities through acquired companies like Pilot, Senator and LF Logistics, and organically grown #Logistics with more than 20%. While the slow-down of the global economy will lead to a softer market in particular in Ocean, Maersk will continue to pursue the growth opportunities within the Logistics and Terminals businesses.

Read more about our annual and quarterly results: https://lnkd.in/ejx-pHZ3